Easyjet Share Discussion Threads

[porsche1945] 18/3/2020 15:15

Flag carriers like IAG and Lufthansa wont be allowed to fail as they are seen as strategically important but the rest are toast. Surprised these are not down to a couple of quid.

[philanderer] 18/3/2020 14:48

(Alliance News) - Ryanair Holdings PLC will cancel "most if not all" of its flights from next Tuesday, said the Irish no-frills airline as the coronavirus outbreak grounds planes worldwide.

The Dublin-based carrier said it was reducing its flight schedules by 80% until March 24.

From that point, "most if not all Ryanair Group flights will be grounded, except for a very small number of flights to maintain essential connectivity, mostly between the UK and Ireland".

[philanderer] 18/3/2020 14:43

Brave or stupid call.

HSBC reiterates BUY...target 700p. cut from 1500p

[ny boy] 18/3/2020 13:51

If American Airlines are burning through that some of money n a few days then they and others like them should fail, pointless bailing out Companies like that imo

[philanderer] 18/3/2020 13:47

Luck with those Nick :-)

[nigelpm] 18/3/2020 13:06

Is that a "lol" because you think we'll stop flying or a "lol" because you think this is going bust or a "lol" because you an idiot?

[nick9013] 18/3/2020 13:05

Just bought 5k,happy to do so every day this keeps falling.

[nigelpm] 18/3/2020 12:38

Easy Jet will be one of the winners - this is probably a decent time to buy if you think air traffic will return to similar levels whenever we are done with COVID-19

[loganair] 18/3/2020 12:36

American Airlines took out an emergency $1bln loan on Friday, by the end of Monday they had already used it all up shows just how much money airlines a burning through at the moment.

As for Boeing, in the month of February they burnt through $9bln.

[1 pound here we come] 18/3/2020 12:36

No Glastonbury this year, their 50th anniversary.

..says it all.

[1 pound here we come] 18/3/2020 12:33

And you Uncle Phil.

[philanderer] 18/3/2020 12:27

Nothing left to say. It's all been said now.

Keep safe everyone.

[1 pound here we come] 18/3/2020 12:21

Considering!

[bellesimo1] 18/3/2020 10:08

Very quiet 🤫 here

[1 pound here we come] 17/3/2020 21:21

Interesting translation.

[philanderer] 17/3/2020 18:40

Here's an unexpected side effect of the pandemic - the water's flowing through the canals of Venice is clear for the first time in forever. The fish are visible, the swans returned.

[1 nhs] 17/3/2020 15:54

Debt will kill it off

[1 nhs] 17/3/2020 15:54

Away from Wall Street, Moody’s has cut easyJet’s credit rating from Baa1 to Baa2 (that’s just two above junk status).

It has also put British Airways’ rating on review, along with parent company IAG.

Moody’s says:

“The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, falling oil prices, and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets.

The combined credit effects of these developments are unprecedented. The passenger airline sector has been one of the sectors most significantly affected by the shock given its exposure to travel restrictions and sensitivity to consumer demand and sentiment.”

The markets have already reached the same conclusion - easyJet’s shares have

[big brother8] 17/3/2020 15:51

PEOPLE HEALTH AND SURVIVAL IS MORE IMPORTANT THAN ECONOMY IF MILLIONS OF OLD PEOPLE DIE THERE WON'T BE AN ECONOMY AGAIN.

[tomboyb] 17/3/2020 15:44

Only 30 airlines left according to IATA - ( after covid-19)

Like Virgin has said this industry needs a bailout -

[the ship will go down] 17/3/2020 15:44

Either way, grounding the planes will be bad for profits.